Atlas Salt is pleased to report that a recently completed ground gravity survey suggests that the Company’s 100%-owned Fischell’s Brook Salt Dome is significantly larger than originally believed, further demonstrating the district-scale salt potential of the broader Bay St. George district in western Newfoundland and the prospectivity of this area [...]
Atlas Salt is pleased to provide the following update: Great Atlantic Project. The ongoing drill program at Great Atlantic has extended the massive homogeneous high-grade salt deposit by approximately half a kilometer to the northeast and half a km to the northwest through the first two significant step-out holes, with further details to come [...]
Drilling by Atlas Salt at its 100%-owned Great Atlantic Project in western Newfoundland has reached the interpreted top of the salt bed in a 500-metre step-out hole toward the deep water port at Turf Point. Detailed downhole logging of the overlying sediments in this first drill hole has been completed after drilling reached the top of the [...]
Drilling by Atlas Salt at its 100%-owned Great Atlantic Project in western Newfoundland has reached the interpreted top of the salt bed in a 500-metre step-out hole toward the deep water port at Turf Point. Detailed downhole logging of the overlying sediments in this first drill hole has been completed after drilling reached the top of the [...]
Atlas Salt is pleased to provide an update on its high-grade and 100%-owned Great Atlantic Salt Project in western Newfoundland. Highlights: Preliminary development evaluations are now premised on accessing the salt deposit via an inclined ramp as opposed to vertical shaft access, subject to final geotechnical assessments from the drill program [...]
Atlas Salt has extended an agreement with PRmediaNow, pursuant to which the firm will provide media relations services to Atlas for an additional term of 12 months. PRmediaNow's award-winning team of public relations professionals, media researchers and former national journalists has extensive experience securing editorial placements for public [...]
Atlas Salt is pleased to provide an update on its 100%-owned Fischell's Brook Salt Dome in western Newfoundland, approximately 15 km south of the Company's flagship Great Atlantic Salt Project. Highlights: Given the rapidly growing interest in "green" hydrogen, energy storage and the renewable energy sector in general, driven in part by supportive [...]
Atlas Salt is pleased to report that as its Great Atlantic Feasibility Study accelerates into a new phase, seismic data for the project has favorably impacted the strategy for upcoming drilling which will help determine mining methodology. Highlights: Based on seismic information for the homogeneous and high-grade Great Atlantic deposit, the drill [...]
Red Moon Resources Inc. is pleased to announce that it has changed its name to Atlas Salt Inc. The Company’s common shares will commence trading under the new stock symbol “SALT” on September 1, 2021. The Company’s new CUSIP number is 04943J100 and its new ISIN number is CA04943J1003.The Company also announces that it has changed its corporate [...]
Red Moon Resources Inc. is pleased to announce the engagement of SLR Consulting (Canada) Ltd. to complete a FS for the Company’s flagship Great Atlantic Salt Project in western Newfoundland. By proceeding from a resource estimate directly to a Feasibility Study, given the geological nature of this relatively homogeneous and shallow high-grade [...]
Red Moon Resources Inc. announces that it has closed a non-brokered private placement financing to raise total gross proceeds of $1,000,000. Under the terms of the offering, the Company placed 1,282,053 units at $0.78 per unit. Each unit consisted of one common share and one common share purchase warrant, with each whole warrant exercisable at a [...]
Red Moon Resources Inc. has entered into an agreement with PRmediaNow, pursuant to which the firm will provide media relations services to Red Moon for an initial term of six months. PRmediaNow’s award-winning team of public relations professionals, media researchers and former national journalists has extensive experience securing editorial [...]
